Surely most people understand that Lithium supply might briefly catch-up with demand (Due to Wodgina, SYA, CXO, PLS Upgrades + others) which could put pressure on the spod price in the short term.
I'm unaware of any report or person expecting Lithium supply to keep up with demand after about 2025/26.
If the Spod price did temporarily drop by 20% then the converters currently living hand to mouth would start stockpiling like crazy with the knowledge they would have to pay considerably more in 12 months or someone like PLS could simply put a plant offline for urgent "Upgrades" to maintain a healthy profit margin.
Either way I'm not selling just gonna sit back and watch the fireworks.
Surely most people understand that Lithium supply might briefly...
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$3.15 |
Change
0.035(1.13%) |
Mkt cap ! $9.540B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.14 | $24.78M | 7.834M |
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| No. | Vol. | Price($) |
|---|---|---|
| 35 | 181174 | $3.14 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 181958 | 49 |
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